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Granite City Food & Brewery Ltd. Message Board

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  • robeyer robeyer Jan 9, 2007 3:12 PM Flag

    Love the weakness because

    Definitely agree with n_u_a_n_c_e_d on his statement. Our ramblings here have no influence on what the brokerages and major players are doing day to day.

    GCFB is about the same place it was last year at this time, and looking at the historic prices, it was around $6 in 2005 about the same time of year it peaked out at $5.48 this year. One could almost assume some kind of overall trend behind that, but I'm not going to make that assumption.

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    • As a long time follower of this stock it isn't the price which interests me so much at this point. However the volumes seem to be steadily increasing since the last earning release. Profitability expected in 08. If they can show profitability during any quarter in 07 this thing could really jump. What I find interesting is if you back out the preopening costs in the most recent quarter they would have lost the same $'s as last year. This tells me if they where to stop opening new restruants there are getting close to break-even. Chicago area store opening will tell us if this thing has some legs though.

2.05-0.0500(-2.38%)Sep 3 9:30 AMEDT